Lecithin is used as an emulsifier, flavor shield and antioxidant primarily in food industry. It is used to increase the shelf-life of packaged food products. Lecithin is used in bakery products as an emulsifier that helps in even blending of ingredients, retains moisture, and provides good texture and appearance to the baked product. It also prevents cholesterol when used as a dietary supplement. Such applications of lecithin are the key reasons for APAC adopting this industry and its resultant rapid growth in the region. Lecithin extracted from sunflower is an emerging segment owing to the awareness regarding health benefits and consumer shift to natural products. Growing demand and consumer awareness for functional foods, packaged foods and supplements is propelling the growth of this market.
Lecithin Market is segmented by its type, source, application and geography.
On the basis of type it is categorized as :
- De Oiled
- Standardized/Refined and others
On the basis of source it is segmented as Eggs, Rapeseed, Sunflower, GMO & Non-GMO Soy and Others. On the basis of application it is categorized as Food, Nutrition & Supplements, Cosmetic Industry, Pharmaceutical Industry, Animal Feed Industry, Other Industrial & Technical uses. The segmentations have been studied to give a comprehensive analysis of the Global Lecithin Market.
The report provides segment market shares of Lecithin for the year 2014 and projections for the forecast period of 2015-2020. The growth rates and market values of the different segments based on type, source, application and geography are captured in the report. Market Forces of the Lecithin Market has also been discussed in terms of drivers, restraints and opportunities.
Sample Companies Profiled in this Report are:
- Avanti Polar Lipids Incorporated (U.S.)
- Cargill Incorporated (U.S.)
- E.I. Du Pont De Nemours and Co. (U.S.)
- Lecico Gmbh (Germany)
- Lipoid Gmbh (Germany)